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And she always has so much fun doing it. We make a good team.

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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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Amateurs want to be right. Professionals want to make money.
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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.
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Capitalism Condition Crony Essentially Favour Private Public
If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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While these tendencies were no doubt in train in the “old,” pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
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In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
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How do we know when irrational exuberance has unduly escalated asset values?
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I’ve always argued that this country has benefited immensely from the fact that we draw people from all over the world.
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A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage.
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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